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Press Releases
(18/08/2009 , Media Release )
New board composition
At today’s Extraordinary General Meeting of Sulzer Ltd, the shareholders approved the proposal of the Board of Directors to elect
Jürgen Dormann and Klaus Sturany as new members of the board. The proposal of the Renova Group, the single largest shareholder, to de-elect Louis Hughes and Thor Håkstad was approved as well. After the shareholder meeting, the seven members of the Sulzer board elected Jürgen Dormann as the new cha... Read more
(03/08/2009 , Media Release )
Sulzer Chemtech further strengthens its position in service activities
The Sulzer acquisition of SAB Technical Services, announced in June 2009, was closed as of July 31, 2009. Read more
(14/07/2009 , Media Release )
First half of 2009: Key markets weakened further
In the first half of 2009, Sulzer received orders for CHF 1556.2 million. This was an adjusted decrease of 29.2% (nominally –31.3%) compared with the record level of last year’s first half. As projected, the dynamics in Sulzer’s key markets worsened and demand was clearly below the previous year’s level. For the full year, Sulzer expects a substantially lower order intake compared to the high level of 2008. Read more
(25/06/2009 , Media Release )
Sulzer Chemtech further strengthens its position in service activities
Today, Sulzer Chemtech signed an agreement to acquire SAB Technical Services (India). The purchase price is up to USD 5.75 million (approximately CHF 6.3 million) depending on the future performance. Subject to the fulfillment of certain conditions, the closing of the acquisition is expected in July 2009. SAB’s annual sales is approximately USD 4 million (approximately CHF 4.4 million). With this acquisition, Sulzer Chemtech w... Read more
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